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Mobile Device Management (MDM) Market Forecasts in Europe (2018-2023): A $1.83 Billion Opportunity with Airwatch, MobileIron, IBM, SAP and Microsoft Dominating - ResearchAndMarkets.com

November 20, 2018

DUBLIN--(BUSINESS WIRE)--Nov 20, 2018--The “Europe Mobile Device Management (MDM) Market (2018-2023)” report has been added to ResearchAndMarkets.com’s offering.

The European MDM market is expected to reach USD 1.83 billion by 2023 with a compound annual growth rate (CAGR) of 20.02% during 2018-2023. European enterprises are critical about their data being lost or leaked to some unauthorized source, so they wanted total safety and security of their information which is provided by the MDM. The healthcare sector has been one of the top users of MDM.Doctors, nurses, patients and support staff all have been actively using smartphones for work, which has led to the organization installing MDM for security reasons. The rising awareness of health related issues is a factor. People can access business information from any location they want, in device of their own choice. This has led to more productive employees as well as company. Decreasing adoption of bring your own device (BYOD) among businesses are hindering the market growth. It makes sense to let employees use their own devices. People work more efficiently on systems they’re familiar with. But managing access from the hundreds of varieties of phones, tablets, and other computers is a technological nightmare. Each device uses its own unique blend of hardware and software. The management system has to be compatible with all the devices which the employees are likely to use. With dozens of new devices appearing each month, this is no easy task.Based on solutions, the market is segmented into device management, application management, security management and network service management. The device management of this region is expected to have the largest market share. It is estimated to grow from USD 0.23 billion in the year 2018 to USD 0.75 billion in the year 2023 with a CAGR of 26.73%.Based on deployment, the market is divided into cloud and on-premise. The cloud deployment market is expected to have a larger share and is estimated to grow from USD 0.38 illion in 2018 to USD 0.99 billion in 2023 with a CAGR of 21.16%.

Based on end-users, the market is classified into banking, financial services and insurance (BFSI), telecommunication, retail, and healthcare. Healthcare will have a major market share and will rise from USD 0.31 billion in 2018 to USD 0.69 billion in 2023. The CAGR will be around 17.49%.

Key Players ProfiledAirwatchMobileIronIBM CorporationSAP SEMicrosoft Corporation

Topics Covered

Chapter 1. Executive Summary

Chapter 2. Europe MDM Market Overview

Chapter 3. Europe Segment Overview

Chapter 4. Competitive Landscape

Chapter 5. Conclusion and Outlook

For more information about this report visit https://www.researchandmarkets.com/research/m4zknl/mobile_device?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181120005364/en/

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Related Topics:Enterprise Mobility Management

KEYWORD: EUROPE

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE MOBILE/WIRELESS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/20/2018 08:05 AM/DISC: 11/20/2018 08:05 AM

http://www.businesswire.com/news/home/20181120005364/en

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